Western Gas Partners (WES) Earning Somewhat Positive Press Coverage, Analysis Shows
News headlines about Western Gas Partners (NYSE:WES) have been trending somewhat positive on Friday, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Western Gas Partners earned a media sentiment score of 0.21 on Accern’s scale. Accern also gave media headlines about the pipeline company an impact score of 45.7835038709125 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the headlines that may have effected Accern Sentiment’s rankings:
- PNP’s Proposed Pipeline Would Link Permian Basin Natural Gas to Central, Western Mexico (naturalgasintel.com)
- The Wesfarmers result was disappointing (finance.yahoo.com)
- Western Gas Partners, LP (WES) Given Consensus Recommendation of “Hold” by Brokerages (americanbankingnews.com)
- Zacks Investment Research Lowers Western Gas Partners (WES) to Sell (americanbankingnews.com)
- Critical Survey: Western Gas Partners (WES) vs. Cosan (CZZ) (americanbankingnews.com)
Western Gas Partners (WES) opened at $48.09 on Friday. The firm has a market capitalization of $7,340.00, a PE ratio of 36.16, a PEG ratio of 3.71 and a beta of 1.09. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.83. Western Gas Partners has a 12-month low of $42.68 and a 12-month high of $67.44.
A number of brokerages have issued reports on WES. Zacks Investment Research lowered Western Gas Partners from a “hold” rating to a “sell” rating in a research note on Friday, February 2nd. Scotiabank reiterated a “hold” rating and issued a $58.00 price target on shares of Western Gas Partners in a research note on Monday, January 29th. Credit Suisse Group began coverage on Western Gas Partners in a research note on Thursday, January 4th. They issued a “neutral” rating and a $49.00 price target for the company. Royal Bank of Canada reiterated a “buy” rating and issued a $61.00 price target on shares of Western Gas Partners in a research note on Tuesday, January 16th. Finally, Barclays lowered Western Gas Partners from an “overweight” rating to an “equal weight” rating and cut their price target for the stock from $62.00 to $54.00 in a research note on Wednesday, January 17th. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and five have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $57.08.
About Western Gas Partners
Western Gas Partners, LP is a master limited partnership (MLP) that acquires, owns, develops and operates midstream energy assets. The Company is engaged in the business of gathering, processing, compressing, treating and transporting natural gas, condensate, natural gas liquids (NGLs) and crude oil in the United States.
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